1Financial Objects StandardizationOverview
Chair: Bruce Skingle (Symphony)
Member RepresentationTradewebFactsetMarkitTraditionHSBCBNY MellonCitigroup
Dow JonesGoldman SachsDeutsche BankStandard & Poor’sJPMorgan ChaseCredit SuisseSymphony
Major Milestones
Defined Charter
Draft SpecificationsMessageML Format for Financial ObjectsRendering Pipeline
Meets: Biweekly
2Financial Objects: PurposeCharter
The Financial Objects Standardization Working Group is tasked to develop standard patterns of usage and representation to facilitate financial interactions involving humans through the Symphony platform.
The Working Group shall not define new standards to represent financial interactions per se, but will develop profiles and patterns of usage to facilitate the interworking between participants in different enterprises across both front and back office areas, reusing existing standards where appropriate, by allowing these rich entities to be the center of cross institution collaboration
Composition API
Format
Rendering API
3
Draft Financial Object Specification
Base Object Types
Financial SecurityIdentified by combination of identifiers in priority order (e.g. ISIN, CUSIP, OpenFIGI)
Advanced ObjectsPrice sources, quotes, trades, axes, etc.To follow based on finalized primitive object specs
Numbers, strings, time, country (ISO 3166-1), security IDs, exchange IDs (ISO 15022), currencies (ISO 4217), currency pairs
<entity type=”org.symphonyoss.fin.security”/><attribute name=”id”
type=”org.symphonyoss.fin.security.id.isin” priority=0 value=”US0378331005”/>
<attribute name=”id” type=”org.symphonyoss.fin.security.id.cusip” priority=1 value=”037833100”/>
<attribute name=”id” type=”org.symphonyoss.fin.security.id.openfigi” priority=2 value=”BBG000B9XRY4”/></entity>
Draft Specs on Foundation Wiki
Example: Financial Object